[Sector Edition] What’s Hot, What’s Not: Thematics Hot, Bonds Not

Fri 07 Jan 2022

By Ben Debney

Membership Access | free

Sector analysis

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In a reverse of November’s edition, it’s the stock market sectors occupying the top places while bond sectors dominate the dud sectors for December.

 

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What’s Hot

  • A duo of thematic sectors, Healthcare and Infrastructure. Relatively small sectors –

just 15 and 16 funds (greater than £50m) respectively.

  • Following declines in three successive months, Latin America is up nearly 4%.
  • UK Smaller Companies have bounced back from a dip in November.
  • Global Equity Income makes up the remaining top place, up 3.94%.

What’s Not

  • The greater likelihood of earlier interest rate rises has hurt bonds.
  • A pair of European bond sectors feature.
  • The two UK Gilts sectors have tailed off after some gains in October and November, most notably UK Index Linked Gilts sector which is down 5.76%.
  • China has had a tough month but also a tough year, down more than 3% over the former and down 15% over the latter.

 

What’s Hot

Name

Last Month Performance %

IA Healthcare

4.85

IA Global Equity Income

3.94

IA Latin America

3.80

IA UK Smaller Companies

3.79

IA Infrastructure

3.77

 

What’s Not

Name

Last Month Performance %

IA UK Index Linked Gilts

-5.76

IA China/Greater China

-3.34

IA EUR Government Bond

-2.42

IA UK Gilts

-2.38

IA EUR Mixed Bond

-2.06

 

Sector performance 01/12/2021 – 31/12/2021. No size filter applied. All Investment Association sectors considered.

NOTE

This blog is simply to highlight short term trends. These are not recommendations.

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Sector analysis

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